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Redemption Fine Imposed on Palm Oil Imports at Kochi Port Despite Initial Ruling; Amount Reduced After Revision.

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....Restriction on import of Palm oil through Kochi Port - Ld. Commissioner erred in holding that no redemption fine could be levied as the goods were not physically available. The goods were provisionally released in terms of a bond submitted by the importers - redemption fine upheld, but the quantum is reduced.....